Bloomberg News
BOSTON - FleetBoston Financial Corp.'s Fleet Capital Corp. and two other financing firms have arranged a $45 million credit for Lionel LLC, the closely held Chesterfield, Mass., maker of toy trains.
Lionel plans to use the credit to refinance its debt and build working capital. Fleet Capital is providing $25.2 million. Siemens Financial Services Inc., a unit of Siemens AG; and Debis Financial Services Inc., a unit of DaimlerChrysler; are providing $9.9 million each.